Sunlands Technology Group (Sunlands Technology Group) Debt-to-Equity : 2.28 (As of Sep. 2023)

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What is Sunlands Technology Group Debt-to-Equity?

Sunlands Technology Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $6.3 Mil. Sunlands Technology Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $36.9 Mil. Sunlands Technology Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $19.0 Mil. Sunlands Technology Group's debt to equity for the quarter that ended in Sep. 2023 was 2.28.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Sunlands Technology Group's Debt-to-Equity or its related term are showing as below:

STG' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.59 Med: -0.76 Max: 62.34
Current: 2.28

During the past 8 years, the highest Debt-to-Equity Ratio of Sunlands Technology Group was 62.34. The lowest was -2.59. And the median was -0.76.

STG's Debt-to-Equity is ranked worse than
90.67% of 225 companies
in the Education industry
Industry Median: 0.34 vs STG: 2.28

Sunlands Technology Group Debt-to-Equity Historical Data

The historical data trend for Sunlands Technology Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sunlands Technology Group Debt-to-Equity Chart

Sunlands Technology Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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-0.76

-1.20

-0.62

-0.63

-1.38

Sunlands Technology Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-1.14	-1.38	-2.59	62.34	2.28

Competitive Comparison of Sunlands Technology Group's Debt-to-Equity

For the Education & Training Services subindustry, Sunlands Technology Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sunlands Technology Group's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Sunlands Technology Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sunlands Technology Group's Debt-to-Equity falls into.

Sunlands Technology Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sunlands Technology Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(7.992	+	66.004)	/	-53.715
	=	-1.38

Sunlands Technology Group's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(6.347	+	36.882)	/	18.981
	=	2.28

Sunlands Technology Group (NYSE:STG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Sunlands Technology Group Debt-to-Equity Related Terms

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Sunlands Technology Group (Sunlands Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Sunlands Technology Group (NYSE:STG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

S790:Germany

Address

No. 36 Chuangyuan Road, Building 4-6, Chaolai Science Park, Chaoyang District, Beijing, CHN, 100012

Website

https://www.sunlands.com

Sunlands Technology Group is a provider of online post-secondary and professional education services in China. The company offers various degree- and diploma-oriented post-secondary courses through its online platforms. In addition, it provides online professional courses and educational content to help students prepare for professional certification exams and attain professional skills. The Group has one operating segment, which is the provision of online education services.